Nihon Suido Consultants Co (TSE:261A) Piotroski F-Score: 6 (As of Jun. 28, 2026) — 14% Below Median


TSE:261A Nihon Suido Consultants Co Ltd TSE:261A
21 GF Score
Price 円1,996.00
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What is Nihon Suido Consultants Co Piotroski F-Score?

Nihon Suido Consultants Co TSE:261A +0.40% 21 Piotroski F-Score is 6 as of Jun. 28, 2026, which is 14% below its 10-year median of 7.00. GuruFocus rates TSE:261A with a GF Score™ of 21/100. Among 1,729 Construction companies, Nihon Suido Consultants Co ranks better than 74.09% on this metric.

The zones of discrimination were as such:

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

Nihon Suido Consultants Co has an F-score of 6 indicating the company's financial situation is typical for a stable company.

The historical rank and industry rank for Nihon Suido Consultants Co's Piotroski F-Score or its related term are showing as below:

TSE:261A' s Piotroski F-Score Range Over the Past 10 Years
Min: 6   Med: 7   Max: 7
Current: 6

During the past 4 years, the highest Piotroski F-Score of Nihon Suido Consultants Co was 7. The lowest was 6. And the median was 7.

Nihon Suido Consultants Co  (TSE:261A) Piotroski F-Score Explanation

The developer of the system is Joseph D. Piotroski is relatively unknown accounting professor who shuns publicity and rarely gives interviews.

He graduated from the University of Illinois with a B.S. in accounting in 1989, received an M.B.A. from Indiana University in 1994. Five years later, in 1999, after earning a Ph.D. in accounting from the University of Michigan, he became an associate professor of accounting at the University of Chicago.

In 2000, he wrote a research paper called "Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers" (pdf).

He wanted to see if he can develop a system (using a simple nine-point scoring system) that can increase the returns of a strategy of investing in low price to book (referred to in the paper as high book to market) value companies.

What he found was something that exceeded his most optimistic expectations.

Buying only those companies that scored highest (8 or 9) on his nine-point scale, or F-Score as he called it, over the 20 year period from 1976 to 1996 led to an average out-performance over the market of 13.4%.

Even more impressive were the results of a strategy of investing in the highest F-Score companies (8 or 9) and shorting companies with the lowest F-Score (0 or 1).

Over the same period from 1976 to 1996 (20 years) this strategy led to an average yearly return of 23%, substantially outperforming the average S&P 500 index return of 15.83% over the same period.


Nihon Suido Consultants Co Piotroski F-Score Related Terms


Nihon Suido Consultants Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Nihon Suido Consultants Co's Piotroski F-Score can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Nihon Suido Consultants Co Piotroski F-Score Chart

Nihon Suido Consultants Co Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
N/A N/A 7.00 6.00

Nihon Suido Consultants Co Semi-Annual Data
Dec22 Dec23 Jun24 Dec24 Jun25 Dec25
Piotroski F-Score Get a 7-Day Free Trial N/A 0.00 7.00 0.00 6.00

TSE:261A vs PWR, FIX, EME: Piotroski F-Score Comparison

For the Engineering & Construction subindustry, Nihon Suido Consultants Co's Piotroski F-Score, along with its competitors' market caps and Piotroski F-Score data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Nihon Suido Consultants Co Piotroski F-Score vs Construction Industry

For the Construction industry and Industrials sector, Nihon Suido Consultants Co's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Nihon Suido Consultants Co's Piotroski F-Score falls into.


TSE:261A
21GF Score
Nihon Suido Consultants Co Ltd TSE:261A
Piotroski F-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

How is the Piotroski F-Score calculated?

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

This Year (Dec25) TTM:Last Year (Dec24) TTM:
Net Income was 円1,731 Mil.
Cash Flow from Operations was 円2,617 Mil.
Revenue was 円24,414 Mil.
Gross Profit was 円7,107 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was (22948.008 + 24792.556) / 2 = 円23870.282 Mil.
Total Assets at the begining of this year (Dec24) was 円22,948 Mil.
Long-Term Debt & Capital Lease Obligation was 円0 Mil.
Total Current Assets was 円19,444 Mil.
Total Current Liabilities was 円8,640 Mil.
Net Income was 円1,492 Mil.

Revenue was 円23,533 Mil.
Gross Profit was 円6,663 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Dec24) was (21496.122 + 22948.008) / 2 = 円22222.065 Mil.
Total Assets at the begining of last year (Dec23) was 円21,496 Mil.
Long-Term Debt & Capital Lease Obligation was 円0 Mil.
Total Current Assets was 円18,760 Mil.
Total Current Liabilities was 円7,507 Mil.

*Note: If the latest quarterly/semi-annual/annual total assets data is 0, then we will use previous quarterly/semi-annual/annual data for all the items in the balance sheet.

Profitability

Question 1. Return on Assets (ROA)

Net income before extraordinary items for the year divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

Nihon Suido Consultants Co's current Net Income (TTM) was 1,731. ==> Positive ==> Score 1.

Question 2. Cash Flow Return on Assets (CFROA)

Net cash flow from operating activities (operating cash flow) divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

Nihon Suido Consultants Co's current Cash Flow from Operations (TTM) was 2,617. ==> Positive ==> Score 1.

Question 3. Change in Return on Assets

Compare this year's return on assets (1) to last year's return on assets.

Score 1 if it's higher, 0 if it's lower.

ROA (This Year)=Net Income/Total Assets (Dec24)
=1730.727/22948.008
=0.07541949

ROA (Last Year)=Net Income/Total Assets (Dec23)
=1491.884/21496.122
=0.06940247

Nihon Suido Consultants Co's return on assets of this year was 0.07541949. Nihon Suido Consultants Co's return on assets of last year was 0.06940247. ==> This year is higher. ==> Score 1.

Question 4. Quality of Earnings (Accrual)

Compare Cash flow return on assets (2) to return on assets (1)

Score 1 if CFROA > ROA, 0 if CFROA <= ROA.

Nihon Suido Consultants Co's current Net Income (TTM) was 1,731. Nihon Suido Consultants Co's current Cash Flow from Operations (TTM) was 2,617. ==> 2,617 > 1,731 ==> CFROA > ROA ==> Score 1.

Funding

Question 5. Change in Gearing or Leverage

Compare this year's gearing (long-term debt divided by average total assets) to last year's gearing.

Score 0 if this year's gearing is higher, 1 otherwise.

Gearing (This Year: Dec25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec24 to Dec25
=0/23870.282
=0

Gearing (Last Year: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=0/22222.065
=0

Nihon Suido Consultants Co's gearing of this year was 0. Nihon Suido Consultants Co's gearing of last year was 0. ==> This year is lower or equal to last year. ==> Score 1.

Question 6. Change in Working Capital (Liquidity)

Compare this year's current ratio (current assets divided by current liabilities) to last year's current ratio.

Score 1 if this year's current ratio is higher, 0 if it's lower

Current Ratio (This Year: Dec25)=Total Current Assets/Total Current Liabilities
=19444.02/8639.848
=2.25050487

Current Ratio (Last Year: Dec24)=Total Current Assets/Total Current Liabilities
=18760.392/7507.192
=2.49898924

Nihon Suido Consultants Co's current ratio of this year was 2.25050487. Nihon Suido Consultants Co's current ratio of last year was 2.49898924. ==> Last year's current ratio is higher ==> Score 0.

Question 7. Change in Shares in Issue

Compare the number of shares in issue this year, to the number in issue last year.

Score 0 if there is larger number of shares in issue this year, 1 otherwise.

Nihon Suido Consultants Co's number of shares in issue this year was 11.927. Nihon Suido Consultants Co's number of shares in issue last year was 11.88. ==> There is larger number of shares in issue this year. ==> Score 0.

Efficiency

Question 8. Change in Gross Margin

Compare this year's gross margin (Gross Profit divided by sales) to last year's.

Score 1 if this year's gross margin is higher, 0 if it's lower.

Gross Margin (This Year: TTM)=Gross Profit/Revenue
=7106.993/24413.727
=0.29110643

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=6662.558/23533.494
=0.2831096

Nihon Suido Consultants Co's gross margin of this year was 0.29110643. Nihon Suido Consultants Co's gross margin of last year was 0.2831096. ==> This year's gross margin is higher. ==> Score 1.

Question 9. Change in asset turnover

Compare this year's asset turnover (total sales for the year divided by total assets at the beginning of the year) to last year's asset turnover ratio.

Score 1 if this year's asset turnover ratio is higher, 0 if it's lower

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Dec24)
=24413.727/22948.008
=1.0638713

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec23)
=23533.494/21496.122
=1.09477858

Nihon Suido Consultants Co's asset turnover of this year was 1.0638713. Nihon Suido Consultants Co's asset turnover of last year was 1.09477858. ==> Last year's asset turnover is higher ==> Score 0.

Evaluation

Piotroski F-Score= Que. 1+ Que. 2+ Que. 3+Que. 4+Que. 5+Que. 6+Que. 7+Que. 8+Que. 9
=1+1+1+1+1+0+0+1+0
=6

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

Nihon Suido Consultants Co has an F-score of 6 indicating the company's financial situation is typical for a stable company.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 6 mean?
Nihon Suido Consultants Co (TSE:261A) has a Piotroski F-Score of 6 as of Jun. 28, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Nihon Suido Consultants Co and its competitors. This is 14% below median its historical median of 7.00. Over the past decade, Nihon Suido Consultants Co's Piotroski F-Score has ranged from 6.00 to 7.00. According to the industry distribution chart, Nihon Suido Consultants Co ranks #448 out of 1729 companies in the Construction industry, placing it in the top 25.9%.
Is Nihon Suido Consultants Co's Piotroski F-Score too high?
Nihon Suido Consultants Co's current Piotroski F-Score of 6 is 14% below median its 10-year median of 7.00. Over the past 10 years, this metric has ranged from a low of 6.00 to a high of 7.00. The Construction industry median Piotroski F-Score is 5.00. Nihon Suido Consultants Co's value of 6 is 20% above this industry median. Based on the distribution chart, Nihon Suido Consultants Co ranks #448 out of 1729 companies in the Construction industry, which is above the industry midpoint. Overall, Nihon Suido Consultants Co has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Nihon Suido Consultants Co's Piotroski F-Score compare to PWR and FIX?
According to the Construction industry distribution chart, Nihon Suido Consultants Co ranks #448 out of 1729 companies for Piotroski F-Score. This puts Nihon Suido Consultants Co in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Nihon Suido Consultants Co's value of 6 is 20% above this benchmark. Historically, Nihon Suido Consultants Co's own Piotroski F-Score has ranged from 6.00 to 7.00 over the past decade. While the company's 10-year median is 7.00 vs. the industry median of 5.00, Nihon Suido Consultants Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Piotroski F-Score for a Construction company?
The median Piotroski F-Score among Construction companies is 5.00, based on 1,729 companies in the industry. Companies in the top quartile (top 25%) have a Piotroski F-Score significantly above this median, while those in the bottom quartile fall well below. However, Piotroski F-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nihon Suido Consultants Co's current Piotroski F-Score of 6 is 20% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Piotroski F-Score mean?
A high Piotroski F-Score can signal that a stock is expensive relative to its fundamentals. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Nihon Suido Consultants Co and its competitors. For the Construction industry, the median Piotroski F-Score is 5.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nihon Suido Consultants Co's current Piotroski F-Score is 6, which is 14% below median its own 10-year median of 7.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nihon Suido Consultants Co stock overvalued right now?
Nihon Suido Consultants Co (TSE:261A) has a current Piotroski F-Score of 6. The current Piotroski F-Score is 6, which is 14% below median its 10-year median of 7.00 and 20% above the Construction industry median of 5.00. Nihon Suido Consultants Co's overall GF Score™ is 21/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Piotroski F-Score calculated?
Piotroski F-Score is calculated from a company's financial statements. For Nihon Suido Consultants Co (TSE:261A), the current Piotroski F-Score is 6 as of Jun. 28, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Nihon Suido Consultants Co Business Description

Address 22-1, Nishi-Shinjuku 6 Chome, Shinjuku-ku, Tokyo, JPN, 163-1122
Nihon Suido Consultants Co Ltd is engaged in provision of construction consulting services related to water, with a focus on water supply and sewerage infrastructure.
21GF Score

Get the complete analysis for TSE:261A

Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円1,996.00
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